Unit Labor Costs: 1.2

Actual1.2

Forecast1.3

Previous1.3

Surprise -0.11σ

VerdictBELOW FORECAST

ReadBonds neutral · Equities neutral

Unit Labor Costs — Actual 1.2, forecast 1.3, prev 1.3. Surprise: BELOW FORECAST by 0.1 sigma. Desk read: Bonds neutral · Equities neutral.

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